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Sovereign wealth funds and private equityp

7 May 2008

Sovereign wealth funds (SWFs) are not a new phenomenon, and have been enthusiastic investors into European private equity funds for a very long time. But their recent growth, and their investments into some of America's best known banking institutions - Citigroup, Morgan Stanley and Merrill Lynch, for instance - has alarmed some policy makers on both sides of the Atlantic. There is now a risk that the policy response could damage private equity.

 

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